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services business
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BMW, Daimler Agree to Merge Mobility Services Business Units
Apr 10, 2018German automakers BMW and Daimler have agreed to merge their respective mobility services business units into a joint venture (JV) in which each company will hold a 50% stake. The agreement will bring together the companies’ ...
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ADM Announces Realignment of Business Segments Across Four Units
Mar 21, 2018Food processing firm Archer Daniels Midland (ADM) is realigning business segments to further accelerate growth. The company announced the realignment of its business segments across four units – Carbohydrate Solutions, Nutrition, ...
Tags: Food processing
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Fabless Silicon Photonics Firm Skorpios Acquires Manufacturer Novati
Oct 10, 2017Fabless silicon photonics system-on-chip (SoC) company Skorpios Technologies Inc of Albuquerque, NM, USA has acquired Novati Technologies LLC, a semiconductor integration company with a fabrication plant in Austin, TX. Skorpios delivers ...
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PCI Pharma Acquires Irish Packaging Service Provider Millmount Healthcare
Oct 10, 2017UK-based PCI Pharma Services has acquired pharmaceutical and healthcare contract packaging services provider Millmount Healthcare. Financial terms of the acquisition have not been disclosed. For more than 20 years, Millmount has been ...
Tags: PCI Pharma Services, packaging
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Xiamen Mito Company Listed in Hongkong Market Valuation of Nearly $5 Billion
Dec 12, 2016Wu Xinhong (in) created the United States figure company, and successfully led the team listed in Hong Kong stocks. 15 days, Xiamen will usher in a happy event: Mito company listed in Hongkong. Why is the United States to become the ...
Tags: Xiamen Mito Company, Hong Kong stocks, Internet company
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Volkswagen Launches New Initiatives in Mobility Field
Oct 11, 2016Volkswagen is systematically moving ahead with its transition to the mobility world of tomorrow initiated by the "TOGETHER – Strategy 2025" program for the future. The Group presented its next steps on the road to becoming a ...
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Wartsila Acquires Weir American Hydro
Jun 29, 2016American Hydro, which was bought by Weir in 2010, supplies and installs large equipment upgrades and servicing for the hydroelectric and water distribution industries, specialising in consultancy, design and precision performance ...
Tags: American Hydro, Wartsila
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Ford Establishes Subsidiary To Design And Build Mobility Services
Mar 15, 2016Ford has established Ford Smart Mobility, a subsidiary which will specifically design, build, grow and invest in emerging or future mobility technology. Jim Hackett, the former chairman and CEO of Steelcase has been appointed as the ...
Tags: Ford, Mobility technology, Jim Hackett
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PPG To Sell Minority Stake In Automotive Glass Business
Mar 8, 2016PPG, in connection with LKQ Corporation’s announcement of its definitive agreement to purchase Pittsburgh Glass Works (PGW), said it will divest its approximately 40% interest in PGW. LKQ announced that it expects the transaction to ...
Tags: PPG, PGW, LKQ, Automotive glass business, Stake
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ADM Takes 50% Stake in Medsofts to Expand Supply Chain and Merchandising Operations
Dec 21, 2015Archer Daniels Midland Company (ADM) will purchase 50% stake in Egypt-based Medsofts Group. Together, the companies will own and manage supply chain and merchandising operations of grains, oilseeds, and soft commodities. The new joint ...
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Smarter Storage Joins The Colby Distributor Network
Dec 3, 2015Melbourne-based Smarter Storage recently became one of newest businesses to join the Colby Storage Australian distributor network. Smarter Storage has built its business on reliable delivery, installation and servicing of industrial ...
Tags: Smarter Storage, delivery, installation
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Complete Core Launches New Contract Packing and Filling Services Business in UK
Sep 11, 2015Complete Core Business Solutions has launched a new division that will offer contract packing and filling services to the £21.5bn food and drink sector in the UK. The new business, Complete Co-packing Services, will fill, pack, ...
Tags: packing and filling services, Co-packing, non-EU market
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General Electric Completes Sale of Fleet Business to Element Financial for $5bn
Sep 10, 2015General Electric (GE) has completed the sale of its US fleet services business to Element Financial for $5bn. The company said that the sale of GE's Mexican, Australian and New Zealand fleet businesses to Element is also expected to close ...
Tags: General Electric, Fleet Business
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Nokia to Sell Its Here Digital Mapping and Location Services Unit for €2.8bn
Aug 4, 2015Communications and information technology company Nokia has signed a deal to sell its HERE digital mapping and location services unit to a consortium comprising Audi, BMW Group and Daimler in a deal worth €2.8bn. The transaction, ...
Tags: HERE Digital Map, Nokia
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PPG Has Completed Its Previously Announced Acquisition of Cuming Microwave Corporation
Jul 3, 2015PPG Industries has completed its previously announced acquisition of Cuming Microwave Corporation based in Avon, Massachusetts, and its wholly-owned subsidiary Cuming-Lehman Chambers, Inc., based in Chambersburg, Pennsylvania. Financial ...
Tags: Specialty Coatings, PPG, Specialty Materials, paint pigment, coating
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